Homes at Rivo Alto Island in Miami Beach, Florida, US, on Wednesday, Feb. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. housing market is taking a hard hit from higher mortgage rates, and luxury home sales are seeing the worst of it. Sales of luxury homes dropped 45% during the… Read […]
A “For Sale” sign in front of a home in Roseville, California, on Tuesday, Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images Higher mortgage rates weighed on home price gains at the end of 2022. While prices were still higher than they were a year earlier, the rate of increase slowed… Read […]
Policy rethinking needs to include construction materials and implementing more robust regulations Read more… Sharjah Sustainable City is designed to reduce carbon emissions by using renewable energy sources. – Supplied photo By Yousif Ahmed Al-Mutawa <!–Dubai –> Published: Sat 18 Feb 2023, 4:05 PM Last updated: Sat 18 Feb 2023, 7:58 PM Along with food […]
Prospective buyers at an open house in Florida. Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty Images The average rate on the 30-year fixed rate mortgage has fallen to 5.99%, according to Mortgage News Daily. The housing market hasn’t seen the rate with a five handle since a brief blip […]
• Urges govts to adopt sustainable, environmentally friendly housing construction.• Commit to affordable green housing, green financing As adverse weather conditions, and climate-related emergencies reduce and degrade affordable housing stock across continent, members of the African Union for Housing Finance (AUHF) are seeking resilient, safe and adequate housing to improve quality of life of households […]
(PUEBLO, Colo) — The building blocks to better and more affordable housing starts in Pueblo at IndieDwell Colorado. “There is such a demand throughout the whole state. Everywhere appears to be underserved,” says Ron Francis, CEO of IndieDwell Colorado. The non-profit is building stronger, energy efficient modular homes at their Pueblo factory. “We realize that […]
The Great Seal of the State of Maryland on the front of the Maryland State House. Photo by Danielle E. Gaines. Ahead of his swearing-in on Wednesday, Gov.-elect Wes Moore’s Cabinet is nearly complete. Moore announced his picks for nine additional cabinet positions on Tuesday, filling out key roles including the heads of the departments […]
Just off the coast of Miami Beach, on ultra-exclusive Fisher Island, there is one crane on one construction site. It is the last plot of land available for development and an unlikely bet on luxury real estate at a time when the housing market appears to be in freefall. Jorge Perez, also known as “the […]
Bundles of dried sage tied together with red ribbon hang from black fixtures connected to wood-panelled walls. The space — in a building known simply as “the lodge” — may be small, but it is mighty in meaning. Outside, nearly two dozen colourful apartment units form a circle. A sacred fire sits bull’s-eye. It’s Winnipeg’s […]
A sign advertising home loan rates for purchase or refinancing at a Bank of America in New York. Scott Mlyn | CNBC After rising at the end of the year, mortgage rates dropped sharply last week. That drove demand from current homeowners hoping to save on their monthly payments, but it did little to excite […]